11880 Solutions Balance Sheet Health
Financial Health criteria checks 4/6
11880 Solutions has a total shareholder equity of €4.8M and total debt of €2.2M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are €22.7M and €17.9M respectively.
Key information
45.8%
Debt to equity ratio
€2.19m
Debt
Interest coverage ratio | n/a |
Cash | €1.26m |
Equity | €4.77m |
Total liabilities | €17.94m |
Total assets | €22.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGT's short term assets (€7.9M) do not cover its short term liabilities (€12.4M).
Long Term Liabilities: TGT's short term assets (€7.9M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: TGT's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: TGT's debt to equity ratio has increased from 0% to 45.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TGT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.3% per year.